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Chile weathered the Great Recession fairly well, exhibiting only one year of recession, and average growth of 5.3% for the 2010-13 period. However, GDP growth stumbled to 1.6% in 2014, and we do not expect to see growth reach 4% p.a. again. Over the long-term, growth will remain focused on investment and exports. We expect a long-term CAGR of 2.8% over the 2015-2035 period, and Chile's economy will have to restructure in order to attain these levels of economic growth.
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This report includes 2 file(s)
Chile energy markets outlook 2015 - overview PDF - 484.90 KB 14 Pages, 9 Tables, 9 Figures
Chile.xls XLS - 864.00 KB
Description
Due to their sensitivity to political events and the global economy, energy demand and trade remain extremely volatile. The rapidly changing cost environment for hydrocarbon production and renewable energy, combined with energy policy changes, means the fuel mix in energy markets can be unpredictable at best. Further complicating the outlook is the transition and pace of the energy-intensive developing world from industrial to services-based economic growth, supporting the growing need for power generation.
This Energy Markets Long Term Outlook report provides a multi-fuel supply and demand forecast supported by a breakdown of the key facts.
Companies involved in all sectors of the energy industry can use this long term outlook report to assess inter-fuel dynamics and market drivers for strategic planning and investment opportunities. Use it to understand supply and demand fundamentals across hydrocarbon and renewables.
Analysing 92 markets and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector. We write detailed supply and demand forecasts across all fuels and sectors based on our objective, proprietary data.
Whether you want an independent outlook on the market or to screen for opportunities in new markets, we help you understand global energy dynamics so you can shape your corporate strategy with confidence.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
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Chile energy markets outlook 2015 - overview
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